A copy of the Final Terms has been submitted to the National Storage Mechanism and will be available for inspection shortly at: http://www.morningstar.co.uk/uk/nsm.

For further information, please contact:

Stephan SkaaneStatkraft ASLilleakerveien 60283 OsloNorway

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Offering Circular dated 26 June 2014, as supplemented by the supplements approved on 18 December 2014 and 13 March 2015 (the Offering Circular) and the Final Terms described above may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular and the Final Terms is not addressed. Prior to relying on the information contained in the Offering Circular you must ascertain from the Offering Circular whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.